Key Developments For Varian Semiconductor Equipment Associates Inc
Varian Semiconductor Equipment Associates Inc (VSEA.O) (Nasdaq)
Varian Semiconductor Equipment Associates, Inc. Issues Q1 2010 Guidance Above Analysts' Estimates
Varian Semiconductor Equipment Associates, Inc. announced that for first quarter of 2010, it expects revenue to be between $134-$144 million and earnings per diluted share (EPS) to range from $0.15-$0.20. According to Reuters Estimates, analysts were expecting the Company to report revenues of $122 million and EPS of $0.12 for the same period.
Varian Semiconductor Equipment Associates, Inc. Issues Q4 2009 Outlook Above Analysts' Estimates
Varian Semiconductor Equipment Associates, Inc. announced that for fourth quarter of 2009, it expects revenue to be between $104-$114 million and earnings per share (EPS) are anticipated to range from $0.01-$0.06. These EPS include non-cash charges of approximately $9.0 million for depreciation and equity compensation expense. According to Reuters Estimates, analysts were expecting the Company to report revenues of $86 million and loss per share of $0.11 for the same period.
Varian Semiconductor Equipment Associates, Inc. Issues Q3 2009 Guidance; Earnings Guidance Below Analysts' Estimates
Varian Semiconductor Equipment Associates, Inc. announced that for the third quarter 2009, it expects revenue between $60-$70 million and pre-tax loss of approximately $19 million. This pre-tax loss includes non-cash charges of approximately $9.2 million for depreciation and equity compensation expense. The Company expects a net loss of $19 million in the third quarter 2009. According to Reuters Estimates, analysts were expecting the Company to report revenue of $70 million, pre-tax profit of $(17.00) million and net profit of $(14.75) million for the third quarter 2009.
Varian Semiconductor Equipment Associates, Inc. and SOITEC S.A. Collaborates on the Development of a New High Current Implanter for Future Silicon-On-Insulator
Varian Semiconductor Equipment Associates, Inc. announced that they have entered into a collaboration with SOITEC S.A. The two companies are collaborating on the development and qualification of a new high current implanter to be used in Soitec's patented Smart Cut technology for the production requirements of upcoming generations of SOI wafers.
Varian Semiconductor Equipment Associates, Inc. Issues Q2 2009 Revenue Guidance Below Analysts' Estimates
Varian Semiconductor Equipment Associates, Inc. announced that for second quarter of 2009, it expects revenue to be between $60-$70 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $88 million for the same period.
